Thread regarding Bank of America layoffs

How to handle no raise

How are we handling the no pay increase again this year? For context I have gone above and beyond and done Jessica’s extra projects and more. There isn’t anything more that I could have done to be a role model employee.

  1. Sulk
  2. Call out “sick”
  3. Refuse all additional work
  4. Other - open to suggestions.

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| 2516 views | | 21 replies (last February 14) | Reply
Post ID: @OP+1kgfccaf1

21 replies (most recent on top)

Quiet quit. Do the BARE MINIMUM (if that)

Do as little as possible.

No extra work, "I'm swamped."

Just don't give them "cause" to fire you, b/c then you walk with nuthin'.

If you don't kizz azz, then they may decide you're a problem and ease you out.

Tell them you have family, personal issues. Call EAP (they won't know who called, but they will know someone on the team called).

Make them feel sorry for you to make them back off, and see how bad you can make them feel. They won't care, but you might feel better.

If you want to be proactive, update your resume and get the heck out.

I wish I had years ago, but too old now, so stuck for another year until retirement.

Don't repeat my mistake.

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Post ID: @1y4+1kgfccaf1

@1pj lovely summarized I didn’t know BM and his cronies are moving to Citi 😃

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Post ID: @1pt+1kgfccaf1

Looking at how the job market is and Brain joining citi and wells for workspace excellence and workforce reduction, You should continue doing what you used to do before. Bonus and hike is very minimal in bank unless you are friends and family member of your B3. 1k-2k hike and 1-2% bonus is ridiculous for meets or exceeds while manager pers take 5k-10k hike and 18k-40k bonus

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Post ID: @1pj+1kgfccaf1

@a5 "the person with an exceeds takes everyone’s increase." - I wish that was true. I got "exceed" and for some weekend and special project and exiting 3% increase, bonus & RSU less than last year with "meet".

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Post ID: @1e4+1kgfccaf1

Any employer who treats their payroll as badly as this one does, is an employer with a significant problem hiding somewhere. When you’re a $4 Trillion dollar institution, one of the biggest on the planet, and act like you’re some struggling $500m small town bank…well, you tell me? It’s only a matter of time before whatever that is, comes to the surface.

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Post ID: @10j+1kgfccaf1

Move to Albany they give raise like Candy!
Green Grass Baby!!

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Post ID: @rh+1kgfccaf1

@ge & @gd got the big a-s pay hike, bonus because they did a wonderful job with licking boss shoe

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Post ID: @kb+1kgfccaf1

I was told their was a salary bracket and couldn't get a raise anymore.

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Post ID: @gx+1kgfccaf1

“If you don’t like it you can quit”.

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Post ID: @ge+1kgfccaf1

@a8 make sure you cry at your desk.

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Post ID: @gd+1kgfccaf1

@ft don’t forget to take your breaks.

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Post ID: @fy+1kgfccaf1

Headcount static and real estate costs continue to rise is the scripted reason for no pay raise. Funny thing is the headcount in my household hasn’t changed either - and my real estate expenses too.
In tears and hiding this from my family so that I don’t spread the pain and anguish.

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Post ID: @fx+1kgfccaf1

do the bare minimum, work 8-5, lunch break 12-1

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Post ID: @ft+1kgfccaf1

Not doing survey.

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Post ID: @fn+1kgfccaf1

Ask your boss for a pizza party. Pizza always makes things better.

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Post ID: @ab+1kgfccaf1

I was gonna plan a nice birthday party for myself toward the end of the year but now I don’t feel comfortable doing that with no raise. And I’ve been given more work to do this year already.

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Post ID: @aa+1kgfccaf1

Trying to figure that out myself. I haven’t even had my manager reach out about pay or bonus yet, so I’m assuming zero on both. I do have a cr-p ton of work to do since my team is getting smaller and smaller so if I do want to cry I have an allotted 15 mins

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Post ID: @a8+1kgfccaf1

@OP It is a tough spot to be in at the workplace. It is apparent that BOA is giving you a message and you are not alone. Close to retirement, retire early or endure the BS until the date. Young with less experience, take advantage of online courses and acquire skills as previous posts stated. Leave for another opportunity. Pay and benefits may not be better at first, but it is another fresh start. In the interim, quiet quitting and utilize ALL your benefits. Life is about choices, and BOA is not your life. Own your life and good luck!!! BTW, I am planning retirement by end of year.

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Post ID: @a7+1kgfccaf1
  1. Best idea is to focus on income outside of work. Teach your kids to have their own business if they want to succeed.
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Post ID: @a6+1kgfccaf1

No. I’m done having a carrot dangled. This is not a game I am here to provide for my family. It doesn’t matter what I do, only one person is allowed an exceeds. Winner takes all - the person with an exceeds takes everyone’s increase. It is the hunger games. Pardon the pun. Real people struggling with groceries right now.

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Post ID: @a5+1kgfccaf1

It’s ok to feel disappointed and sad even. You worked hard and you had expectations that weren’t met. Once you relieve those emotions it’s time to get back to work. Start by developing a plan of action. Consider taking advantage of tuition and certification assistance programs where you can develop new skills at the bank’s expense. Consider other roles outside of your team that you are passionate about. Make sure you have a conversation with your manager before applying to any new roles.

You can also get clarification on why you didn’t get a raise by asking what should you focus on this year to get a raise. If they respond it wasn’t in their budget then that’s more of a reason to use your new skills to find a new role outside of your org.

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Post ID: @a3+1kgfccaf1

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